Boeing’s defense business is booming at a time when airplanes are disappointing

Boeing’s stock jumped Wednesday, as a partnership with the Trump administration on PAC-3 interceptor missiles provided a boost to the company’s defense business, which saw revenue rise well above expectations.

​Boeing’s stock jumped Wednesday, as a partnership with the Trump administration on PAC-3 interceptor missiles provided a boost to the company’s defense business, which saw revenue rise well above expectations.